Sunday, June 20, 2021

Technical Analysis June 2021: CIMB (Bursa: 1023)



CIMB GROUP HOLDINGS BERHAD

Observation from Chart: 

CIMB (Bursa: 1023) forming ascending triangle pattern.

Will it retrace down to triangle support level? 

Other indicator:- 
MACD trade at positive region, uptrend sign. 
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM4.67 level 
Subsequent resistance @ RM4.82 level. 

Immediate support @ RM4.40 level.
Subsequent support @ triangle support level.

Let's watch closely Disclaimer

0 comments:

Post a Comment